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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (29694)8/21/1999 1:17:00 PM
From: blankmind  Read Replies (4) | Respond to of 41369
 
Big move in which direction?

Looking at AOL's year end financials on 30 July 1999; & MSFT's imminent assault, the outlook is bleak at best:

- 1.1 bill shs o/s
- $3.5 bill in cash & investments
- $2.3 bill in long term debt
- $4.8 bill in revenues for the year ending 7/30/99
- $762 mill in net income for the year
- $485 mill loss in 1997
- $74 mill loss in 1998
- eps on fully dilluted basis for '99 was $.60
- stock closed the week at $95; for a p/e of 158

- based on the above, I believe that AOL is a ticking timebomb if MSFT saturates the market with free ISP

- Better yet, the #1 PC seller, Compaq, is now offering free ISP thru AltaVista - it's 100% owned sub